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Monday, January 30, 2012

$SPX EW count.


We think that 1,323.43 was the exact point where intermediate wave 2 was put in place.If we are right.now markets HAS to go down. The question is if "bulls dip buyers" will have the strengh to take price again to the 1,323.43 area or we will start a down trend with a serie of waves 3 and 4.Let see what happens.

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